‘Current foreign trade policy likely to push exports’

The Foreign Trade Policy 2015-2020 is expected to accelerate export growth and would ease doing business in exim trade, D.K. Singh, Additional Director General, Directorate General of Foreign Trade has said.

The export procedures have been simplified with the thrust on ease of doing business. Landing certificate has been withdrawn for those sending the products across the globe. With the aim of doubling exports 108 SME clusters were identified and intensive outreach programme are being conducted, he said.

He was speaking at the inaugural address of the workshop on Foreign Trade Policy 2015-2020 organised by FICCI and DGFT.

Singh also clarified the issues raised by the various export related bodies, chambers of commerce and the participants.

A N Safeena, Development Commissioner, Cochin Special Economic Zone, Kochi stressed upon the steps to be taken to avoid duplication of export documents.

K.N. Raghvan, Commissioner, Customs, Cochin pointed out the efforts taken by the Custom House to clear the pending queue status in respect of incentives to exporters and the efforts taken for encouraging more digital usage of documents by exporters.

Deepk L. Aswani, Co-Chair, FICCI Kerala State Council said that the new policy provides a framework for enhancing exports of goods and services as well as generation of employment and increasing value addition to the country.